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Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).

New 2014 Corvette shows off in non-Super Bowl ad

In all of the commotion about Super Bowl commercials, Chevy slipped a new 30-second 2014 Corvette spot by on its YouTube channel and no one even noticed. In the ad we see a black Corvette Stingray, first in the paint booth and then on the track. It's one of the first examples we've seen in the color, which makes the new body shape look even angrier.

Hyundai and Rhys Millen extend deal for 2012

Hyundai Motor America and Rhys Millen will continue their partnership into the 2012 Global RallyCross season that starts on May 26 in Charlotte, N.C. He'll return to drive the hopped-up Veloster hatchback in all seven races, including two at ESPN's Summer X Games. “I'm thrilled to represent Hyundai and the Veloster in the GRC series for a second season,” Millen said.